2022
DOI: 10.1007/s43039-022-00056-x
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Performance management and sustainable development: an exploration of non-financial performance of companies with foreign capital in Romania

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Cited by 11 publications
(9 citation statements)
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“…Global banks prefer to use the branch form of their presence abroad, as it provides closer control and is associated with lower management costs, provided that the country risk does not exceed a certain level. A study conducted by the European Central Bank on the banking systems of the new EU member states indicates a trend towards the transformation of subsidiaries into branches, especially in smaller countries, due to the opportunities created by the general harmonization of banking legislation within the EU (Vasile et al, 2022). The data also show a significant increase -at the level of 40-50% -in the number of representative offices of banks from other EU countries in most EU countries, except Greece and France (Table 2).…”
Section: Resultsmentioning
confidence: 99%
“…Global banks prefer to use the branch form of their presence abroad, as it provides closer control and is associated with lower management costs, provided that the country risk does not exceed a certain level. A study conducted by the European Central Bank on the banking systems of the new EU member states indicates a trend towards the transformation of subsidiaries into branches, especially in smaller countries, due to the opportunities created by the general harmonization of banking legislation within the EU (Vasile et al, 2022). The data also show a significant increase -at the level of 40-50% -in the number of representative offices of banks from other EU countries in most EU countries, except Greece and France (Table 2).…”
Section: Resultsmentioning
confidence: 99%
“…There is no study that has directly investigated this area in SCOPUS database, but certain studies have conducted corporate social responsibility and sustainability in the COVID-19 period (Raimi et al, 2022;Vasile et al, 2022). But this is a significant area in terms of the impact of corporate governance on sustainability in the COVID-19 period, which helps firms to rethink the corporate governance.…”
Section: Discussionmentioning
confidence: 99%
“…ECMCs are considered the abilities that describe the firm’s initiatives and strategies for improving strategic performance ( Zhu and Kraemer, 2002 ).ECMCs not only improve strategic performance, also have influence on business value which is measured through both financial and nonfinancial factors ( Vasile et al, 2022 ). Organization can adapt to new environments by building, reconfiguring and integrating their external and internal competencies ( Kotabe et al, 2008 ).…”
Section: Literature Reviewmentioning
confidence: 99%